In any field, research is significantly important whether it is being done in industry or academic. There are benefits to both types of research in industry and academia. When we succeed in doing the research, we expect the results are to be used somewhat in the present time. However, doing research in a field like biomedical, discoveries are continuously changing. Therefore, I think expecting results to be seen and used to help in the industry in our lifetime is what I would like to work towards. Academic is important as well, but you get to learn and understand how research is done and during academic you are exposed to a field that you are interested in researching in detail in coming future. So for me, I feel like academic research is preparing you for further research where you want to work and research further in the industry.